Simon Griffiths

Runway May 24: The 7 startups revealing venture raises this week

Weekly roundup covering seven ANZ startup raises — Bare Funerals, Humii, WeMoney, CLT Toolbox, Clean Slate Clinic, SpatialGPT and Great Wrap — plus LaunchVic's $900,000 into Paul Little's Skalata fund.

Also Startup Daily

Hawke's Brewing and Bare Funerals toast $1 million media-for-equity deals

Scaleup Mediafund's $15 million third fund has made its first two investments, backing Hawke's Brewing and Bare with roughly $1 million in advertising apiece; oOh!media joined as an investor.

Also Startup Daily·Startup Daily

Chipper Cash Becomes A Unicorn & Mr Yum raises US$65m Series A led by Tiger Global

TEN13 newsletter reporting Chipper Cash's US$150m unicorn round, Mr Yum's Tiger Global-led Series A, and new investments in Payhippo, Preezie, Pushas and Heaps Normal, plus portfolio updates.

Also Skalata Ventures·Skalata Ventures·Archangel Ventures portfolio·Startup Daily·Startup Daily·SmartCompany·SmartCompany·Startup Daily·SmartCompany·SmartCompany·Startup Daily·SmartCompany·SmartCompany·Startup Daily·Startup Daily·SmartCompany·SmartCompany·Startup Daily·Startup Daily·Startup Daily·SmartCompany·SmartCompany·Tech Funding News - Australia·Australian FinTech·AgFunderNews·Women's Agenda·Beef Central / Grain Central·Forbes Australia·TechCrunch Venture·SmartCompany·LaunchVic

AirTree and Antler-backed addiction app Lived shuts down as founder battles health concerns

Sally Metelerkamp's addiction app Lived has closed as she manages health problems; the story recalls its Antler incubator origins, a 2021 launch backed with $2.5 million, and $4 million more raised.

Agtech startup Bardee remains Bunnings supplier amid staff challenges

Bardee still supplies Bunnings and farmers despite big layoffs, slower production, and two regulator investigations; the agtech startup has raised $8 million, including a $5 million Blackbird-backed seed round.

Compostable stretch wrap startup raises $11 million Series A

Victorian compostable stretch wrap maker Great Wrap has secured an $11 million Series A from impact backers plus $13 million in asset financing, supporting a new Tullamarine plant and coming overseas expansion.

Also AgFunderNews·Startup Daily·AgFunderNews

Funeral disruptor defies deadly market conditions to bank $10m

Republished AFR report on funeral startup Bare banking a ten-million-dollar round from Perennial and Ord Minnett, plus rival Willed's June raise from Thorney, Ellerston and a Bell Potter investor.

Also OIF Ventures portfolio·Archangel Ventures portfolio·SmartCompany·Startup Daily·Techboard·SmartCompany·Startup Daily·SmartCompany·Startup Daily·Startup Daily·SmartCompany·Startup Daily·SmartCompany

Ten Aussie startups that raised a total of $267 million this week

Weekly roundup of Australian startup raises, including Airwallex's Series E extension, Fleet Space's Series B and Montu's record crowdfunding, plus Giant Leap raising $19.5 million toward a $50 million second fund.

Also SmartCompany·Startup Daily·Startup Daily·SmartCompany·SmartCompany·Business News Australia·startupscaleup.com.au·SmartCompany

Muso and Mobi secure VC backing, as cash flows into hospitality tech

Two hospitality tech startups, Mobi and Muso, have raised venture funding as venues digitise after lockdowns; the piece also recalls recent raises by Ordermentum, Barcats and Foodbomb in the same sector.

Also Startup Daily

Female investors back female-founded Verve Super in latest $2.6 million raise

Women-focused superannuation fund Verve Super raised $2.6 million from first-time female and impact investors including Carol Schwartz, after failing to win over mission-blind venture capitalists.

Also Startup Daily

Mike Cannon-Brookes backs $41.5 million raise for social impact startup Who Gives a Crap

Melbourne social impact startup Who Gives A Crap has raised its first outside capital in nine years, led by Verlinvest, with Grok Ventures, other funds and several angel investors also taking part.

Also SmartCompany·Business News Australia·SmartCompany·privateequitywire.co.uk·Startup Daily·SmartCompany·Startup Daily·Startup Daily·SmartCompany·SmartCompany·onimpact.com.au

Who Gives a Crap boss Simon Griffiths is among a group of founders backing a ‘next generation’ VC fund

Community-backed VC fund AfterWork Ventures has collected $10 million in commitments toward a $30 million target, with founders including Simon Griffiths investing, and has hired Jessy Wu as head of community.

Also Startup Daily

Wrapping it compostable with Great Wrap

Profile of Great Wrap, whose founders produce compostable cling wrap at a solar-powered Melbourne factory, noting an Amazon grant and personal backing from Who Gives A Crap's chief.